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Definity Financial Corporation

Definity Financial Corporation, together with its subsidiaries, offers property and casualty insurance products in Canada. It provides personal insurance products, including auto, property, general and umbrella liability, and pet insurance products to individuals under the Economical, Sonnet, Family, Petsecure, and Peppermint brands; and commercial insurance products, includes fleet, commercial auto, property, liability, and specialty insurance products to businesses under the Definity Insurance and Economical brand name. The company distributes its products on a primarily intermediated basis, and through brokers, as well as directly to customers. It markets its commercial insurance products to small businesses and mid-market companies, as well as various targeted segments. The company was formerly known as Economical Holdings Corporation and changed its name to Definity Financial Corporation in August 2021. Definity Financial Corporation was founded in 1871 and is headquartered in Waterloo, Canada.

Market Cap

CAD 7.0B

Volume

110.7K

Cash and Equivalents

CAD 322.1M

EBITDA

CAD 708.3M

Tax Rate Collected

N/A

Tax Rate Ratio

N/A

Gross Profit

CAD 861.9M

Profit Margin

19.98%

52 Week High

CAD 65.75

52 Week Low

CAD 41.97

Dividend

1.23%

Price / Book Value

2.10

Price / Earnings

16.56

Price / Tangible Book Value

3.62

Enterprise Value

CAD 7.1B

Enterprise Value / EBITDA

9.94

Operating Income

CAD 590.0M

Return on Equity

13.35%

Return on Assets

4.93

Cash and Short Term Investments

CAD 419.5M

Debt

CAD 259.6M

Equity

CAD 3.5B

Revenue

CAD 4.3B

Unlevered FCF

CAD 714.3M

Sector

Insurance

Category

N/A

Hedge Funds that own this stock

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